| 2024-04-24 | +0.79 % |
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| 2024-04-23 | -0.84 % |
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| 2024-04-19 | -0.12 % |
- In summary, International Assets Investment Management LLC significantly increased its stake in Match Group, Inc. (MTCH) last quarter, with several other hedge funds also raising their stakes in the stock recently, ultimately contributing to a 0.12% decrease in Match Group's stock last night.
- The article discusses Paramount Global's controlling shareholder, Shari Redstone, facing a decision about potentially selling her family's holdings to producer David Ellison and merging with Skydance Media, which could impact Paramount's stock, including investors like billionaire Mario Gabelli and Barington Capital Group LP being concerned about the potential deal's impact on all shareholders, not just the Redstones, while also noting other media moguls giving investors with limited voting rights a say in deals and the potential for legal challenges with such transactions. Match Group Inc.'s recent case in Delaware, involving a deal related to a controlling shareholder, was highlighted as a precedent for conditions that may need to be met for deals involving such shareholders. Match Group stock could have gone down due to concerns about the potential deal impacting all shareholders, uncertainty surrounding Paramount's future, and legal risks with deals involving controlling shareholders.
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| 2024-04-18 | -0.19 % |
- Match Group (MTCH) stock fell by -0.19% last night after Morgan Stanley took over coverage of the company, assigning an Equalweight rating with a price target of $37. The stock decreased due to concerns about potential user growth on Tinder, Match Group's flagship platform, with low confidence in the impact of user experience enhancements outlined in Tinder's 2024 roadmap on expanding the user base, despite its attractive valuation, need for user growth to drive a re-rating of its multiple, the potential growth driver role of Hinge, and Match Group's solid financial health and profitability indicators.
- Summary: Morgan Stanley initiated coverage on Bumble Inc. (BMBL) with an Equalweight rating and a target price of $13.00, highlighting Bumble's efforts to boost revenue growth through innovation and international expansion, contrasting it with the higher EBITDA margin projections for Match Group (MTCH), which likely led to a slight decline in MTCH stock due to investors possibly favoring the growth prospects of Bumble highlighted in the report.
Reason for Match Group (MTCH) stock going down: The analyst report from Morgan Stanley highlighting Bumble's strategies and lower EBITDA margin projections in contrast to Match Group's anticipated higher EBITDA margin may have led investors to shift their focus towards Bumble's potential growth, thereby causing a slight dip in Match Group's stock.
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| 2024-04-12 | -3.34 % |
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| 2024-04-10 | -4.67 % |
- The Match Group (MTCH) stock was down -4.67% last night, and the article mentions the upcoming webcast conference call to review first quarter 2024 financial results, with Match Group being a leading provider of digital technologies for making meaningful connections, but the reason for the stock decline is not provided in the article.
- The article highlights that dating apps like Match Group (MTCH) are facing a decline in stock value due to a change in user sentiments, with the novelty of swiping wearing off, lack of major innovations, increased reliance on paid features, and a shift towards subscriptions impacting user experiences. Factors such as the disruptions caused by the pandemic, growing comfort with singleness among younger generations, and the continued challenge of monetization in the dating app industry have contributed to this trend. Despite efforts to introduce AI features, there is uncertainty about their impact on user interactions. Additionally, dating apps are being reevaluated by younger users, who are turning to alternative platforms to find companionship, potentially indicating a shift away from traditional dating apps among younger demographics. However, dating apps may still serve as valuable resources for older individuals in smaller dating markets.
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| 2024-04-05 | -0.03 % |
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| 2024-04-04 | -5.73 % |
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| 2024-03-28 | +1.11 % |
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| 2024-03-25 | -1.15 % |
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| 2024-03-21 | -0.89 % |
- The Match Group (MTCH) stock went down by -0.89% last night as major dating app users experience fatigue and negative outcomes, leading to increased competition from new apps like Lola, Fourplay, and PreVue in the market, causing companies like Match Group and Bumble to struggle in convincing users, especially younger daters, to pay for premium subscriptions, affecting their profitability and share prices.
- The article discusses a partnership between dating app Stir and Therabody to provide relief for single parents from back pain, including discounts and educational content, such as daily stretches, to help combat this common issue among single parents; however, the article does not specify why Match Group (MTCH) stock went down by -0.89% on the previous night.
- The article discusses how the stock market rose to new highs when Federal Reserve officials stated they still see three interest-rate cuts this year, leading to European stock futures rising, Asian stocks tracking higher, and the dollar weakening; however, Match Group (MTCH) stock went down -0.89% last night due to broader market factors such as changes in interest rates and economic outlook rather than company-specific issues.
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| 2024-03-20 | +0.84 % |
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| 2024-03-18 | +4.71 % |
- The article discusses the rise of AI stocks led by Nvidia and outlines Goldman Sachs' view on the phases of AI trade growth; specifically, Match Group's stock (MTCH) went up by 4.71% last night as it is considered one of the companies benefiting from increased productivity due to the adoption of AI technology, according to Goldman Sachs.
- The article mentions that Match Group (MTCH) stock was up by 4.71% last night, and other top gainers on the S&P 500 index were Google parent Alphabet (GOOGL), Adobe (ADBE), and Arista Networks (ANET). Match Group (MTCH) stock may have gone up due to positive market sentiment, strong company performance, or other external factors impacting the stock market.
- The article reports that Match Group (MTCH) stock was up 4.71% last night, following gains in the Consumer Goods, Technology, and Telecoms sectors in the U.S. stock market; the stock likely went up due to positive performance in these sectors, with other top performers including Tesla Inc and Alphabet Inc.
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| 2024-03-14 | +0.09 % |
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| 2024-03-13 | -0.75 % |
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| 2024-03-08 | -0.62 % |
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| 2024-03-07 | +0.8 % |
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| 2024-03-06 | -2.14 % |
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| 2024-03-05 | -1.37 % |
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| 2024-03-04 | -2.37 % |
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| 2024-02-28 | -3.78 % |
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| 2024-02-27 | +1.91 % |
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| 2024-02-26 | -0.65 % |
- The article provides insight into Fmr LLC increasing its position in Match Group, Inc. (NASDAQ: MTCH) by 14.2% in the third quarter, and various other institutional investors and hedge funds modifying their holdings. The Match Group stock went down due to rating cuts and lowered price targets by research firms, impacting its market performance.
- The article discusses how Profund Advisors LLC decreased its stake in Match Group, Inc. (NASDAQ: MTCH) by 3.4% during the third quarter, resulting in a -0.65% decrease in the stock price last night. This decline in stock value could be attributed to the selling of shares by institutional investors like Profund Advisors LLC and other hedge funds, which may have impacted the overall market sentiment towards Match Group.
- The article discusses how Federated Hermes Inc. increased its position in Match Group, Inc. (MTCH) by 3.5%, the latest stock performance, and analyst ratings, and the reasons Match Group stock went down last night could be due to investor activity and market fluctuations.
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| 2024-02-23 | +2.05 % |
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| 2024-02-20 | -3.83 % |
- The article reveals that Prudential PLC significantly increased its stake in Match Group, Inc. (MTCH) during the third quarter, and various other institutional investors and hedge funds have also acquired shares of the company; however, last night the stock was down by -3.83%. The decrease in Match Group's stock value may be attributed to these institutional investors and hedge funds adjusting their positions in the company, possibly reflecting changes in their strategies or market conditions.
- The article discusses how Korea Investment CORP reduced its stake in Match Group, Inc. (NASDAQ: MTCH) by 14.1%, leading to a decrease in the company's stock by -3.83% last night; this decline in MTCH stock could be attributed to the reduction in stakes by institutional investors, including Korea Investment CORP, and a negative return on equity reported by Match Group at 313.95%.
- The article discusses the recent purchase of Match Group, Inc. (NASDAQ:MTCH) stock by Balentine LLC and other institutional investors, along with information about the company's financial performance and analyst ratings. Match Group's stock price went down -3.83% last night as the market reacted to various factors such as investor sentiment, economic conditions, or other external events influencing the stock price movement.
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| 2024-02-16 | -0.16 % |
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| 2024-02-15 | +3.58 % |
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| 2024-02-14 | +2.05 % |
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| 2024-02-13 | -3.7 % |
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| 2024-02-08 | +0.6 % |
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| 2024-02-07 | -3.39 % |
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| 2024-02-06 | +1.64 % |
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| 2024-02-05 | -5.24 % |
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| 2024-02-02 | -2.17 % |
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| 2024-02-01 | -0.34 % |
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| 2024-01-31 | +1.72 % |
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| 2024-01-30 | -1.69 % |
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| 2024-01-29 | +1.11 % |
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| 2024-01-26 | -0.24 % |
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| 2024-01-25 | +3 % |
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| 2024-01-23 | +0.91 % |
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| 2024-01-18 | +1.51 % |
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| 2024-01-10 | -0.67 % |
|
| 2024-01-09 | +3.04 % |
|
| 2024-01-08 | +3.3 % |
|
| 2024-01-05 | +0.87 % |
|
| 2024-01-04 | +1.41 % |
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| 2024-01-03 | -1.51 % |
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| 2023-12-28 | +2.57 % |
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| 2023-12-21 | +2.81 % |
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| 2023-12-20 | -1.44 % |
|
| 2023-12-19 | +1.94 % |
|
| 2023-12-12 | -0.81 % |
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| 2023-12-11 | +0.56 % |
|
| 2023-12-07 | -1.86 % |
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| 2023-12-05 | -1.61 % |
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| 2023-12-04 | -1.65 % |
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| 2023-11-29 | -0.09 % |
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| 2023-11-15 | +3.93 % |
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| 2023-11-14 | +5.67 % |
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| 2023-11-13 | -1.95 % |
|
| 2023-11-09 | -3.18 % |
|
| 2023-11-08 | -0.5 % |
|
| 2023-11-07 | +5.41 % |
|
| 2023-11-06 | -3.36 % |
|
| 2023-11-01 | -15.35 % |
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| 2023-10-31 | +1.65 % |
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